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Lemonade rival Hippo raises a $ 150 million round of funding


Hippo Enterprises, a competitor to the Lemonade home insurance technology business, has reportedly closed a $ 150 million financing round Bloomberg.

The start-up, based in Palo Alto, California, is valued at $ 1.5 billion, according to the company.

New investors Dragoneer and Ribbit Capital have supported existing investors such as Felicis Ventures and Iconiq Capital with the financing.

The start-up, based in Palo Alto, California, will be awarded 1.5 …



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